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to talk about the jets and rex ryan going crazy?\" do you want to talk about the jets and rex ryan going crazy?"" do you want to talk about the jets and rex ryan going crazy?t" do you want to talk about the jets and rex ryan going crazy?i" do you want to talk about the jets and rex ryan going crazy?i" do you want to talk about the jets and rex ryan going crazy?i" do you want to talk about the jets and rex ryan going crazy?r" do you want to talk about the jets and rex ryan going crazy?t" do you want to talk about the jets and rex ryan going crazy?d jets and rex ryan going crazy? told everybody not to go to pray pra monday and tuesday because tefs it was embarrassing. and the tebow throw which was a fine throw, but what's his name got totally killed. >> is that where santonio holmes got hurt? >> no, he was hurt earlier. people being carted off the field the whole time. >> let's get a check of the markets. from the third quarter, you saw very strong numbers coming in. the dow, s&p 500 and nasdaq all up about 4.3% or even better. that reverses some of the losses that we saw in the second qua
with the breakdown, ryan alexander, president of taxpayers for common sense. ryan, nice to have you on the program. thanks very much for joining us. >> thanks for having me. >> so for so long all we talk about is the low-hanging fruit that is defense cuts as well as the entitlements. medicare, medicaid, and social security. where do you see opportunity for cuts? >> we see opportunity across the budget. in agriculture, in transportation. as you say, in defense and in general government programs but across the government we think there's opportunities. probably if you look at crop insurance or commodity payments in the agriculture, that can add up. smaller areas that's $1 billion. $1 billion here, $1 billion there, it adds up to money. we wanted a menu of thoughtful choices to reduce our deficit and avoid sequestration. >> go through it for us. because, you know, i guess if it were that easy, it would have been a lot simpler getting to the point where we're at. can you talk to us specifics about what you think should be cut? >> sure. that's what we wanted to do in this report. it's more than $100 bi
should go to something like the paul ryan house plan he introduced a couple years ago which would eliminate virtually all deductions and credits and use the money to simplify the tax structure down to 10 and 25%. romney needs to be more bold here. his running mate has the bold ideas for tax reform. that's where we should be going here. >> you know, we've had various members of the house ways and means committee on this program in the last six months. almost to the person they say they want to initiate some sort of overall tax reform for next year that would move toward a tax simplification. we've heard this for years, but that's what's on their agenda. david, i wonder that would work counter to what mitt romney is proposing now. >> tax reform is a heavy lift. lots of vested, strong interest groups are going to fight eliminating the mortgage interest deduction, eliminating the charitable deduction. any of that will be a tough lift. go back to the basic math problem romney has. he wants to cut tax rates, which would cost about $900 billion a year, according to estimates, which means
that wants to cut defense spending more than barack obama. and that is not -- >> except for paul ryan. >> i beg your pardon. ryan recast a bill that will -- >> he is for it. >> obama is just catering to the virginia voters and they are not going to buy it. they won't buy it. >> i'm larry kudlow. that's it for tonight's show. economic patriotism, you know what that means, grow the economy by 6 or 7% a year. [ man ] not only that, the silverado's powertrain warranty is 40,000 miles more than ford. and this workhorse gives you the power of a v8 with the highway fuel economy of a v6. incredible! right? an amazing test drive. i agree. [ male announcer ] it's chevy truck month. now during chevy truck month, get 0% apr financing for 60 months or trade up to get the 2012 chevy silverado all-star edition with a total value of $8,000. hurry in before they're all gone! tdd#: 1-800-345-2550 at schwab, we're committed to offering you tdd#: 1-800-345-2550 low-cost investment options-- tdd#: 1-800-345-2550 like our exchange traded funds, or etfs tdd#: 1-800-345-2550 which now have the lowest tdd#: 1-800
,000 that was the number that paul ryan floated today. things that trouble me. i don't want middle class taxes to go up at all. so i'm worried about not just the mortgage deduction, the kiddy credit, health care deductions and earned income tax credits and i'm a little concerned, i would have to see the details, i want it to red line all middle class deductions and soak the upper end whose rate comes down to 28. >> the chances are of somebody making $80,000 or less, you are probably not going to hit them on the earned income tax credits, probably pretty unlikely. but you are right. it could be a problem with the middle class. you have to see the fine print. did romney release the fine print? >> interview from the fox affiliate in denver. can i ask you? >> let me say this, this is the first time in a long time that i disagree wednesday yo disagreeed with you. if you can trade in people in the middle class to increase their investment i'm all for it even if it means a small investment in the amount that they pay. >> why not get rid of that in terms of the corporate tax rate. >> i'll take it. >> sorry how
private bank, ryan from bimo capital market and our own bob pisani. gentlemen, good to see you. thanks for joining us. nick, if in kt end it's all about earnings, will the markets have a problem given the fact what we're seeing looking at the revenue side of the equation? >> the rate of growth is clearly slowing both on the sales and the earnings front. it's also a game of expectations. for the third quarter the expectations, we've been joking around saying expectations are zero for the quarter since there are no expectations for growth. we think it's going it come in more 4%, 5%. we think the majority of companies are going to beat. the important thing here, we think the expectations for the fourth quarter are too high. while they're too high, we think a majority are going to lower fourth-quarter guidance after reporting. not by the same magnitude as what was last quarter. the cuts are going to come but not be as severe as last quarter. >> brian, what do you think? what are your expectations for earnings going into this quarter? >> they're going to be weak. that's already baked into t
romney's proposed with paul ryan an ambitious reformation of the program that would go to voucher, but he hasn't said what the level of the voucher would be or the growth rate in the voucher. if you don't specify that, you can't specify what your savings will be or the impact on consumers. and finally president obama last year in the grand bargain talks with house speaker boehner talked about more ambitious proposals than medicare than he's advocated so far like raising the eligibility age from 65 to 67. hasn't said a word about that in the election campaign so far. you can expect the two to clash on that issue, as well. >> john, i know you've looked at some poll numbers from the journal and nbc news. maybe a slight tightening on a national level. but certainly in some important states like ohio, the president continues to lead. i know you've said the romney strategists believe they need ohio. if it's mathematically possible to win without it, why do they still believe they need it? >> well, because if you don't win ohio, you're probably not going to win, say, wisconsin, which is another
thing that would worry me is if i really believed that romney and ryan were going to get elected and they were going to come in and dramatically cut government spending, that would lead to a recession, and that would worry me. but i don't think they're going to get elected, but more importantly, i don't think they would do that if they did get elected. nears no republican that ever has. i think ceos are focused on what the consumer is doing, what are their customers doing. and as jim cramer said a little earlier, i think between 23 and 27 minutes of the world's focus was on this last night. the people have moved on to more substantive topics now. >> so the bottom line is that it does not matter for a domestic business who gets elected? when it comes to the fundamental -- >> i think it does matter, but i think it matters because i think barack obama is the person who is most likely to be able to continue growing the economy. and the things that romney has proposed are unlikely to be successful. but i don't think ceos react to something like a debate. you know, they're looking at t
on taxes, yesterday you were on the paul ryan clip, but there is a debate over the romney tax plan, not that he's not going to lower taxes, he may lower taxes and that may be a good thing for the economy, but the question is ultimately does it bring in enough revenue to make it revenue neutral? one of the things they have said about republicans is it would lower the deficits but the taxes have exploded under them. your views? >> there's no question the deficits have exploded under them. the last two decades among the two wars and the mistakes in my opinion, we blew a lot of money. multiples of what we blew before. so, you know, my attitude is that -- >> jimmy, my question is do you have any confidence no matter who is in office that actually the hard cuts that need to be made ultimately to make any text plan deficit neutral are actually going to happen? >> and my question to you comes down to a simple question. >> do you believe in the tooth fairy? >> who does the president listen to? i wonder if you could name for me four or five executives who have been advising the president and
that the choice of ryan would scare people. >> he's up in all the polls with people over 65, though. >> right. but senior citizens are the strongest element of romney's coalition. doing very well with them right now. >> john, i know that every day as we get closer to the election, we need things to talk about, and the polls are all we have. how many people was this, 849 or something? what's the number? >> you talking about the national poll? >> yeah, either one. >> in the swing state polls, we do 1,300 registered voters. >> doesn't matter what the actual numbers are. i remember taking statistics, so i understand standard -- i understand how they try to make it scientific. but you know what i'm saying. you take any 900 people at any given tile and you think about 200 million people, whatever it is, but then we microanalyze the moist minute details because that's what we do as journalists. i can give you polls -- i saw a poll last week that had -- it was plus-four for the president, and then another one was down six. it was an individual state. and then you got the deviations between rasmussen
next week against ryan. that should be good, don't you think? >> i do. >> steve see you back in a bit? >> we'll talk about draghi at 8:30 and jobless claims. >>> right now breaking news, julia boorstin has more on what's happening with facebook. >> that's right, the facebook announcing it has 1 billion monthly active users and 600 million mobile users, mark zuckerberg saying, making this announcement saying "i'm committed to working each day to make facebook better for you and hopefully one day we'll be able to connect the rest of the world." this is a major milestone for the company. facebook hit 500 million active users, doubling its size in two years. mark zuckerberg taped an interview with matt lauer airing exclusively on the "today" show shortly, that sitdown his first since the ipo coming up later this afternoon. >> yesterday afternoon i saw a headline, facebook is going to charge you $7 if you want to send posts, headlines to your friends. sounded crazy. >> facebook is testing all sorts of different ad models and facebook gives you the option of paying to promote your post to y
Search Results 0 to 10 of about 11